Alternative reinsurance capital

Articles discussing alternative reinsurance capital. Largely sources from third-party investors in the capital markets, alternative reinsurance capital is increasingly being leveraged by reinsurers as a cheaper cost source of risk transfer while for investors the access to reinsurance returns as an investment is growing in popularity.


Why large risk loss ILW’s are coming back (Covid-19 a factor): PCS’ Johansmeyer

Property Claim Services (PCS) has seen growing interest for its service that tracks global large onshore property losses of $500 million or greater and expects the first large risk industry loss warranty's (ILW’s) will be transacted soon.PCS launched the Global Large Loss service in the fourth-quarter of 2019 in response read the full article →

Hardening cat bond market an opportunity for investors: Ruoff, Schroder Secquaero

The secondary market for catastrophe bond trading has offered some good opportunities in recent times, but with the focus now back on primary issuance, it’s an interesting moment for investors, says Stephan Ruoff of Schroder Secquaero.Ruoff, the Deputy Head of insurance-linked securities (ILS) asset manager Schroder Secquaero, a specialist division read the full article →

Beazley sets $1bn premium target for investor-backed Smart Tracker

Beazley, the Lloyd’s market focused specialist insurance and reinsurance underwriter, has ambitious targets for bringing significant amounts of third-party capital under its management through facilities, or beta-like market tracking structures, according to analysts.In particular, Beazley sees a huge opportunity to grow its third-party capital backed ‘smart tracker’ special purpose arrangement read the full article →

Covid-19 means reinsurers won’t make cost-of-capital in 2020: Fitch

The global reinsurance market will fail to make returns above its cost-of-capital due to the impacts of the Covid-19 coronavirus pandemic, Fitch Ratings has said following a review of ratings in the sector.Cost-of-capital has been something the reinsurance sector has been struggling to earn for a number of years now.Around read the full article →

Hudson Structured joins Standards Board for Alternative Investments as signatory

Hudson Structured Capital Management Ltd., which undertakes insurance and reinsurance investment business as HSCM Bermuda Management Company, has become the eighth specialist ILS fund manager to join the Standards Board for Alternative Investments (SBAI) as a signatory.Hudson Structured Capital Management is a specialist alternative investment manager focused on insurance-linked securities read the full article →

ILW price sheets slip further from reality, don’t reflect Florida firming

We can't speak for every reinsurance broking team that puts out a regular sheet of pricing indications for industry-loss warranty (ILW) protection, but many of the ones we've seen in the last couple of weeks (which include some of the bigger players) haven't updated their price indications for Florida wind read the full article →

U.S. commercial property insurance rates rising fastest since 9/11: CIAB

U.S. commercial property insurance rates are now rising at their fastest pace since 9/11, according to the Council of Insurance Agents & Brokers (CIAB).The statement supports recent data from broker Marsh who explained that commercial property insurance rates were up 21% on average during the first-quarter of 2020, which provides read the full article →

Artemis Live: Interview with Michael Millette, Hudson Structured

Michael Millette, Founder & Managing Partner at Hudson Structured Capital Management, a specialist alternative asset manager with a focus on sourcing insurance and reinsurance linked returns for its investors, joined us for our latest video interview.All of our Artemis Live video interviews can be accessed directly from our YouTube Channel read the full article →

Best of Artemis, week ending 24th May 2020

Here are the ten most popular news articles, week ending 24th May 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Ten most read the full article →

Cat bond activity could surpass expectations in H2 2020: Schultz, Aon Securities

Although the Covid-19 pandemic has undoubtedly stunted primary catastrophe bond issuance, for the most part, deals will get done and it’s possible that activity in the second-half of the year exceeds expectations, according to Paul Schultz, Chief Executive Officer (CEO) of Aon Securities.As part of our series of video interviews read the full article →